Obama lacks private sector wisdom on wages

2013-12-20T01:00:00Z Obama lacks private sector wisdom on wages nwitimes.com
December 20, 2013 1:00 am

In a Dec. 4 speech, President Barack Obama pressed for raising the minimum wage to $9 per hour. He said it was not fair that a family could not be supported on the "minimum wage."

What Obama does not comprehend is that when the minimum wage was instituted it was not intended to support a family; it applied to "entry level" jobs.

In the private sector, wage increases typically come about because of increased productivity, additional education or other extraordinary job performance, not because the calendar changes. Obama, because he has no private sector experience, is not aware how the real world functions.

Ignore the fact that increasing wages without a commensurate increase in performance will lead to a reduction or elimination of the job in question. Isn't the world a wonderful place when you look at it through those rose colored glasses?

- Douglas Ziemak, St. John

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